We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
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Mia by Tanishq Launches on Amazon.in
Mumbai: Tanishq has announced the launch of its contemporary jewellery brand Mia on Amazon.in, making a wide range of the brand’s fine jewellery selection easily discoverable and accessible to millions of Amazon India customers. This association marks the next phase of Mia by Tanishq’s rapid growth in the Indian jewellery market. The growing brand from Tanishq is known for its
Bharat Diamond Week Kicks off
Mumbai: More than 1,000 visitors from India and across the world are taking part in the Bharat Diamond Week at the Bharat Diamond Bourse (BDB) in Mumbai, India, which opened yesterday. The Bharat Diamond Week was officially inaugurated by the US Consul General in Mumbai, His Excellency Mr. Edgard D. Kagan. BDB ended registration five days ago due to
Narayan Jewellers Launches Forevermark ‘Artemis’
Vadodara: Narayan Jewellers by Ketan and Jatin Chokshi launched the exclusive Forevermark Artemis™ Collection by master couturier Bibhu Mohapatra at their store yesterday. Bringing the exquisite collection handcrafted with beautiful, rare and responsibly sourced Forevermark diamonds to Gujarat, Bollywood film star Fatima Sana Sheikh unveiled the new collection. Inspired by the interstellar theme the Forevermark Artemis™ Collection highlights three key
DEF Announces 2018 ‘Diamonds Do Good’ Honorees
New York: The Diamond Empowerment Fund (DEF) has announced the recipients of its 2018 ‘Diamonds Do Good’ Awards, to be presented at the DEF annual gala on May 31 at the Four Seasons Ballroom in Las Vegas, NV. The government of Canada’s Northwest Territories will receive the Diamonds Do Good Responsible Government Award and Bruce Cleaver, CEO of DeBeers Group,
RBI Allows Private Agencies to Import Gold
Mumbai: The Reserve Bank of India (RBI) yesterday eased tough gold import rules by permitting seven more private agencies to import the yellow metal. It is a measure that industry officials say could increase supplies and reduce premiums in the peak wedding season. Gold imports by India, the world’s No. 2 bullion consumer after China, could quickly rise from current
GJEPC Flays Surat Diamantaires on Bourse Plan
Mumbai, 22nd May: The Gems and Jewellery Export Promotion Council (GJEPC), of India has criticized the move by some diamantaires in Surat to shift their Mumbai operations to the proposed Surat Diamond Bourse (SDB) in Surat, reports The Times of India. GJEPC chairman Vipul Shah said, “It is not the prerogative of 50 diamantaires to decide and win over others
India Raises Import Tariff Value of Gold, Silver
Mumbai: India has raised its import tariff value of gold and silver on Wednesday. Indian government has trimmed its import tariff value of gold from $421 per ten grams to $431 per 10 grams and silver from $644 per kilo gram to $ 646 per kilo gram, said the ministry of finance. Import tariff value is the base price on which
Zimbabwe Diamond Output, Sales Dipped in 2013
Harare: Zimbabwe’s diamond output declined 26.1 percent to 8.9 million carats last year, according to Equity Communications, reports Rough&Polished. The Harare-based research company said in a statement emailed told Rough&Polished that Zimbabwe was the only “major” diamond producer, which experienced a “sharp” decline in production and sales last year. It said diamond production in the Southern African country took a knock
